Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/1995
Fund without Sales Charge (%) (NAV) 5.80 1.65 2.44 3.43 4.08
Fund with Sales Charge (%) (POP) 4.80 1.65 2.44 3.43 4.08
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.27
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/1995
Fund without Sales Charge (%) (NAV) 4.42 1.17 2.43 3.52 4.03
Fund with Sales Charge (%) (POP) 3.42 1.17 2.43 3.52 4.03
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.20

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.71 1.80 1.31 1.31 10.12 -6.70 6.85 10.94 0.56 15.21
Fund with Sales Charge (%) (POP) -0.27 0.81 0.33 0.33 9.12 -7.60 5.85 9.94 -0.41 14.21
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 5.58 5.80 5.03 12.83 40.08 164.60
Fund with Sales Charge (%) (POP) 4.58 4.80 5.03 12.83 40.08 164.60
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 248.88
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 3.69 4.42 3.55 12.76 41.37 159.85
Fund with Sales Charge (%) (POP) 2.69 3.42 3.55 12.76 41.37 159.85
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 240.71

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.80 1.65 2.44 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 4.66 1.96 2.60 3.43
Fund with Sales Charge (%) (POP) Before Shares Sold 4.80 1.65 2.44 3.43
Fund with Sales Charge (%) (POP) After Shares Sold 4.07 1.96 2.60 3.43
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.42 1.17 2.43 3.52
Fund without Sales Charge (%) (NAV) After Shares Sold 3.87 1.60 2.61 3.52
Fund with Sales Charge (%) (POP) Before Shares Sold 3.42 1.17 2.43 3.52
Fund with Sales Charge (%) (POP) After Shares Sold 3.28 1.60 2.61 3.52

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (updated annually)

Gross Expense Ratio 1.23%
Net Expense Ratio [further-information] 1.23%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 08/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.07
Standard Deviation 2.34

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Bloomberg Barclays Municipal Bond Index